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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: Karl Drobnic who wrote (27382)	2/3/1999 10:47:00 AM
From: Alastair McIntosh	Read Replies (1) \| Respond to of 31646

Karl, I think that you are showing a somewhat biased view with regard to the implications of the price of TAVA's options. I just checked the price of the options a minute ago with TAVA trading at 7 1/2. The ask on the Feb 7 1/2 calls is 11/16. The ask on the 7 1/2 puts is 7/8. As both options are at the money there is zero intrinsic value for each option. Therefore the option specialists see more risk of TAVA heading down than heading up. I'm sure someone will correct me if I am wrong Al (no current position in TAVA)